Somewhat Favorable Press Coverage Somewhat Unlikely to Affect CME Group (NASDAQ:CME) Stock Price

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News coverage about CME Group (NASDAQ:CME) has trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CME Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.9673319626092 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Shares of CME opened at $162.99 on Friday. The firm has a market cap of $54,628.39, a PE ratio of 34.17, a P/E/G ratio of 2.27 and a beta of 0.56. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.03 and a current ratio of 1.03. CME Group has a 1-year low of $114.82 and a 1-year high of $171.71.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. CME Group had a net margin of 111.49% and a return on equity of 7.68%. The firm had revenue of $900.00 million for the quarter, compared to analyst estimates of $886.85 million. During the same period in the previous year, the company earned $1.14 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. sell-side analysts anticipate that CME Group will post 6.72 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, March 26th. Shareholders of record on Friday, March 9th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.72%. This is a positive change from CME Group’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend was Thursday, March 8th. CME Group’s dividend payout ratio is presently 58.70%.

Several analysts have recently weighed in on CME shares. Bank of America lifted their price target on shares of CME Group from $173.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of CME Group from a “hold” rating to a “buy” rating and set a $164.00 price target for the company in a research note on Tuesday, January 2nd. BidaskClub raised shares of CME Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, March 27th. Sandler O’Neill reissued a “buy” rating and issued a $175.00 price objective on shares of CME Group in a research note on Friday, February 2nd. Finally, Barclays boosted their price objective on shares of CME Group from $170.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $157.77.

In other CME Group news, Chairman Terrence A. Duffy sold 20,000 shares of the company’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $151.66, for a total value of $3,033,200.00. Following the sale, the chairman now directly owns 99,239 shares of the company’s stock, valued at $15,050,586.74. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO John W. Pietrowicz sold 7,500 shares of the company’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $151.50, for a total transaction of $1,136,250.00. Following the completion of the sale, the chief financial officer now directly owns 32,376 shares in the company, valued at $4,904,964. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,699 shares of company stock worth $6,266,062. 0.57% of the stock is owned by corporate insiders.

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About CME Group

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals.

Insider Buying and Selling by Quarter for CME Group (NASDAQ:CME)

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